by our College Data Analytics TeamMany students will not be asked to pay the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The total price of attendance at Southwestern Indian Polytechnic Institute can feel overpowering, but remember that the majority of students receive some sort of financial assistance.
What financing options does SIPI offer, and what will you qualify for? Keep scrolling for more information. Scroll down to see how much school funding could be available to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. The information provided on this page can help you determine how much aid you may receive from Southwestern Indian Polytechnic Institute.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
Looking at the entering class at Southwestern Indian Polytechnic Institute, 100% of new full-time first-years were awarded at least some aid approximately 41 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $7,307 |
| Institutional grants & scholarships | 49% | $3,737 |
| Federal Pell grants | 88% | $5,412 |
| State/local grants | 63% | $589 |
| Federal student loans | 0% | — |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. Here, roughly 73% of undergraduate students received gift aid averaging $6,786 (across approximately 169 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 73% | $6,786 |
| Federal Pell grants | 48% | $4,810 |
| Federal student loans | 0% | — |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $6,944.
How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $8,515 |
| $30,001 – $75,000 | $9,054 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $5,181 |
| Off-campus title-IV students | $8,683 |
To get a personalized net price estimate, try SIPI’s net price calculator: www.sipi.edu/apps/pages/netpricecalculator.
The Department of Education computes summary indicators that describe debt outcomes at a glance. SIPI.
References
More about our data sources and methodologies.